Cash Settlement Amount - ISDA Definition

2021 ISDA Interest Rate Derivatives Definitions A Jolly Contrarian owner’s manual™ Cash Settlement Amount in a Nutshell™ The JC’s Nutshell™ summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack. You can even ask questions! Ask about it here. Cash Settlement Amount in all its glory 18.1.1 Cash Settlement Amount. “Cash Settlement Amount” means, in respect of an Exercise Date or a Mandatory Early Termination Date: (i) subject to paragraph (ii) below, the amount (expressed in the Cash Settlement Currency) or, in the case of a Transaction involving two Cash Settlement Currencies, the amounts (expressed in the respective Cash Settlement Currencies) agreed between the parties; (ii) if the Cash Settlement Method is Collateralized Cash Price or Par Yield Curve – Unadjusted, the amount agreed between the parties that is determined in accordance with Section 18.2.6 (Collateralized Cash Price) or Section 18.2.7 (Par Yield Curve – Unadjusted), as applicable; or (iii) if the parties are unable to agree that amount or those amounts, as the case may be, by the Cash Settlement Valuation Time on the Cash Settlement Valuation Date, the Fallback Cash Settlement Amount. edit Resources and Navigation Template:M res DI 2021 Index: Click ᐅ to expand: 2021 ISDA Definitions - Premium Premium version of this page

Overview

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Summary

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This is a lot of words to arrive at the conclusion “Cash Settlement Amount means whatever you agree in the Confirmation”.

But maybe that is just me.

See also

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